SB Dividend History & Analysis | 3.9% Yield

SB has a dividend yield of 3.9% and paid 0.21 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.87%
Payout Ratio 46.7%
Growth Rate CAGR 5y 0.5%
Consistency Lifetime 97%
Yield on Cost 5y 7.4%
Payout FCF 43.6%
Streak Years 4
Dividend Rating 49.8%
Chowder Number yield + growth 4.4% below 12% target for healthy growth
Yield vs Average 5y -16.8% avg 4.65% vs now 3.87%
Debt / EBITDA leverage 2.6x healthy
Income per 10k invested 387 USD per year
Dividends Cash Amount per Share Yearly SB annual dividends paid per share, showing the total cash Safe Bulkers distributed to shareholders each year.
Dividend Growth Year over Year SB year-over-year dividend growth rate, showing how Safe Bulkers's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History SB dividend yield history versus share price over the past 5 years, showing how Safe Bulkers's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Marine Transportation

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
HAFNI OL
Hafnia
3,539 M 81.41% 552.29%
HAUTO OL
Hoegh Autoliners ASA
2,879 M 15.69% 228.81%
WAWI OL
Wallenius Wilhelmsen
5,737 M 19.97% 131.64%
ECO NYSE
Okeanis Eco Tankers
2,097 M 11.83% 103.55%
FLNG NYSE
FLEX LNG
1,584 M 11.17% 36.47%
DIS MI
d'Amico International
960 M 5.17% 46.88%
MPCC OL
MPC Container Ships ASA
1,220 M 9.35% 31.75%
GSL NYSE
Global Ship Lease
1,444 M 6.86% 18.80%
ESEA NASDAQ
Euroseas
481 M 4.61% 17.31%
ZIM NYSE
ZIM Integrated Shipping
2,858 M 5.35% 12.35%
Top 9 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
WAWI OL
Wallenius Wilhelmsen
5,737 M 112.47% 90.0%
ESEA NASDAQ
Euroseas
481 M 21.14% 100.0%
GSL NYSE
Global Ship Lease
1,444 M 16.74% 100.0%
HAUTO OL
Hoegh Autoliners ASA
2,879 M 29.03% 79.1%
DAC NYSE
Danaos
2,337 M 6.91% 100.0%
MATX NYSE
Matson
6,196 M 4.69% 100.0%
CMRE NYSE
Costamare
1,752 M 5.65% 90.1%
DIS MI
d'Amico International
960 M 5.56% 95.3%
SB NYSE
Safe Bulkers
705 M 0.50% 97.0%

SB Dividend History

Dividend Monthly Return EX date, 4.3 years of data

Jan - -
Feb 0.60% 45
Mar 0.65% 60
Apr - -
May 0.46% 40
Jun 0.65% 60
Jul - -
Aug 1.28% 89
Sep - -
Oct - -
Nov 0.78% 45
Dec 0.56% 45

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 18 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-30 2026-06-30 2026-07-16 Quarterly 0.06 +20% 0.95%
2026-03-02 2026-03-02 2026-03-18 Quarterly 0.05 0% 0.77%
2025-12-08 2025-12-08 2025-12-19 Quarterly 0.05 0% 0.94%
2025-08-21 2025-08-21 2025-09-05 Quarterly 0.05 0% 1.21%
2025-06-06 2025-06-06 2025-06-20 Quarterly 0.05 0% 1.3%
2025-03-03 2025-03-03 2025-03-21 Quarterly 0.05 0% 1.34%
2024-12-02 2024-12-02 2024-12-17 Quarterly 0.05 0% 1.3%
2024-08-21 2024-08-21 2024-09-05 Quarterly 0.05 0% 1%
2024-05-16 2024-05-17 2024-05-30 Quarterly 0.05 0% 0.91%
2024-02-29 2024-03-01 2024-03-19 Quarterly 0.05 0% 1.09%
2023-11-24 2023-11-27 2023-12-14 Quarterly 0.05 0% 1.39%
2023-08-17 2023-08-18 2023-09-01 Quarterly 0.05 0% 1.53%
2023-05-25 2023-05-26 2023-06-07 Quarterly 0.05 0% 1.4%
2023-02-28 2023-03-01 2023-03-17 Quarterly 0.05 0% 1.32%
2022-11-25 2022-11-28 2022-12-15 Quarterly 0.05 0% 1.73%
2022-08-19 2022-08-22 2022-09-01 Quarterly 0.05 0% 1.38%
2022-06-07 2022-06-08 2022-06-15 Quarterly 0.05 0% 1%
2022-03-18 2022-03-21 2022-03-28 Other 0.05 0% 1.14%

SB Dividend FAQ

What is the Dividend Yield of SB?

As of July 2026, SB's dividend yield is 3.87%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.21 USD by the current share price of 6.90.

Does SB pay a dividend?

As of July 2026, SB paid a dividend of 0.21 USD in the last 12 months. The last dividend was paid on 2026-06-30 and the payout was 0.06 USD.

How often does SB pay dividends?

SB pays dividends quarterly. Over the last 12 months, SB has issued 4 dividend payments. The last dividend payment was made on 2026-06-30.

SB dividend forecast

Based on historical data, the forecasted dividends per share for SB for the next payments are between 0.057 (-5.0%) and 0.061 (+1.7%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 3.39%.

Will SB pay dividends in 2026?

The latest dividend paid per share was 0.06 USD with an Ex-Dividend Date of 2026-06-30. The next Ex-Dividend date for Safe Bulkers (SB) is currently unknown.

What is the next Ex-Dividend Date for SB?

The next Ex-Dividend date for Safe Bulkers (SB) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of SB?

SB's average dividend growth rate over the past 5 years is 0.50% per year. Weak growth: SB's dividend growth is lower than inflation.

What is the Yield on Cost of SB?

SB's 5-Year Yield on Cost is 7.37%. If you bought SB's shares at 2.85 USD five years ago, your current annual dividend income (0.21 USD per share, trailing 12 months) equals 7.37% of your original purchase price.

What is the Payout Consistency of SB?

SB Payout Consistency is 97.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Safe Bulkers has a strong track record of consistent dividend payments over its lifetime.

Does SB have a good Dividend Yield?

SB's 3.87% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of SB?

The Dividend Payout Ratio of SB is 46.7%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of SB?

SB's Overall Dividend Rating is 49.83%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

SB Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in SB's Outstanding Shares?

Safe Bulkers's outstanding shares have decreased by approximately 3.85% annually over the past 3 years (Trend Reliability: -91.1%). Shareholder-friendly: The company is actively buying back shares, reducing the share count. This increases earnings per share and often leads to higher dividends per share over time, as profits are distributed among fewer shareholders.

Has SB ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2007 54,500,000 0%
2008 54,506,400 +0.01%
2009 55,435,400 +1.7%
2010 65,881,600 +18.84%
2011 70,894,400 +7.61%
2012 76,666,000 +8.14%
2013 79,916,300 +4.24%
2014 83,454,100 +4.43%
2015 83,504,300 +0.06%
2016 87,364,700 +4.62%
2017 101,531,400 +16.22%
2018 102,100,800 +0.56%
2019 102,631,300 +0.52%
2020 102,186,100 -0.43%
2021 121,645,000 +19.04%
2022 118,936,200 -2.23%
2023 111,612,600 -6.16%
2024 106,353,000 -4.71%
2025 102,327,300 -3.79%
2026 102,166,300 -0.16%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-03 03:03 UTC